by Christopher Nye | Nov 21, 2022 | Currency Market Updates
The UK’s interest rate was raised 0.75 percentage points on November 3. The Bank of England warned that Britain may be facing the longest recession since records began. The Bank raised interest rates to 3% from 2.25%. The 0.75 percentage point increase marks the...
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by Christopher Nye | Nov 17, 2022 | Currency Market Updates
When you’re spending a large amount on a property abroad, maybe your life savings, it’s understandable if you look to see if you might get a better rate later on. And plenty of banks, websites and ‘experts’ have an opinion on where exchange...
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by Julian Benson | Oct 18, 2022 | Currency Market Updates
In these uncertain political times, the pound has experienced significant fluctuation. While the current chaos of UK politics might make you want to move overseas, it might also make you more concerned about your financial security overseas. We explore how you can...
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by Christopher Nye | Oct 13, 2022 | Currency Market Updates
Our brand-new quarterly forecast comes at a nervy and excitable time in the currency markets. See what the ‘experts’ predict the pound will be worth against the euro and dollar by Christmas and into 2023. The mini-Budget upset the markets, inflation is at...
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by Julian Benson | Sep 29, 2022 | Currency Market Updates
Chaos in the UK economy following last week’s mini-Budget has raised fears over mortgages, as the Bank of England promises an intervention to stop inflation and a run on the pound. So how do interest rates affect mortgages? And why is the crisis affecting sterling?...
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by Charles Purdy | Sep 26, 2022 | Currency Market Updates
It’s hard to know where to start on a day when the pound is facing a bona fide crisis. However, for euro buyers, GBP/EUR is only slightly below the post-referendum average, at its lowest since late 2020. That is due to Europe itself having problems. It could still go...
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